Wrapped Bitcoin receives average Risk Evaluation from InvestorsObserver analysis. A unique scoring system analyzes the amount of money needed to move prices over the last 24 hours. This metric looks at recent changes in volume and market capitalization to assess the amount of tokens that can be manipulated in a limited number of transactions. Scores range from 0 to 100, with lower scores for higher risk and higher values for lower risk.
WBTC’s current risk score means that it is a relatively medium risk investment. Investors primarily interested in risk assessment find this score to be most useful in avoiding (or potentially looking for) risky investments. WBTC has traded -2.30% lower in the last 24 hours and is currently priced at $ 39,437.23. This shift occurred when the volume was below the average level and the market capitalization of the tokens was declining. The market capitalization of cryptocurrencies is now $ 10,969,722,793.98, and $ 233,310,942.73 worth of tokens have been traded in the last 24 hours. Price changes related to changes in volume and market capitalization give the wrapped Bitcoin an average risk assessment.
WBTC’s recent price volatility gives cryptocurrencies an average risk score from price volatility over the last 24 hours associated with volume changes, giving traders a reason not to be overly concerned about token operability at this time.
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